"At this juncture as shareholder, whilst i am encouraged with news on CLQ hiring, IMHO the DFS is really pending deliberation over what the fair future value of cobalt will be." CLQ's DFS was "completed" (basically proofing at this point) well before the recent decline in the price of Cobalt, which may be suggesting that step drop has run its course? It probably is safe to assume the DFS will be very conservative, but will be based on a cobalt price well below today's price.
Elon Musk - 0% Cobalt used in next gen batteries, page-21
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